TRENDLOG: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TRENDLOG
Largest movements
- Receivables within one year -€156,856
down €156,856 (-27.3%), from €575,542 to €418,685
of which Trade receivables: -€297,369
- Cash +€34,326
up €34,326 (+12243.2%), from €280 to €34,607
mainly Receivables within one year (+€156,856) and Tax, wage and social debts (+€133,697)
- Deferred charges and accrued income +€27,500
new in 2024: €27,500
- Trade debts -€274,780
down €274,780 (-56.1%), from €489,513 to €214,732
- Tax, wage and social debts +€133,697
up €133,697 (+714.8%), from €18,705 to €152,402
of which Taxes: +€116,155
- Profit (loss) carried forward +€48,367
up €48,367 (+141.5%), from €34,184 to €82,550
- Gross operating margin +€209,584
up €209,584 (+233.8%), from €89,633 to €299,217
- Staff costs +€196,197
up €196,197 (+885.9%), from €22,147 to €218,344
- Other operating charges +€5,968
up €5,968 (+229.2%), from €2,604 to €8,572
- Financial income +€5,181
up €5,181 (+406.6%), from €1,274 to €6,455
- Depreciation +€4,878
up €4,878 (+45.9%), from €10,627 to €15,505
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €604,402 | €511,685 | -€92,717 | -15.3% |
| Formation expenses | 20 | €613 | €43 | -€570 | -92.9% |
| Fixed assets | 21/28 | €27,967 | €30,850 | +€2,883 | +10.3% |
| Tangible fixed assets | 22/27 | €26,967 | €29,850 | +€2,883 | +10.7% |
| Plant, machinery and equipment | 23 | - | €6,748 | +€6,748 | |
| Furniture and vehicles | 24 | €26,967 | €23,102 | -€3,865 | -14.3% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €575,822 | €480,792 | -€95,030 | -16.5% |
| Amounts receivable within one year | 40/41 | €575,542 | €418,685 | -€156,856 | -27.3% |
| Trade receivables | 40 | €485,438 | €188,069 | -€297,369 | -61.3% |
| Other amounts receivable | 41 | €90,104 | €230,617 | +€140,513 | +155.9% |
| Cash at bank and in hand | 54/58 | €280 | €34,607 | +€34,326 | +12243.2% |
| Deferred charges and accrued income | 490/1 | - | €27,500 | +€27,500 | |
| Total equity and liabilities | 10/49 | €604,402 | €511,685 | -€92,717 | -15.3% |
| Equity | 10/15 | €96,184 | €144,550 | +€48,367 | +50.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,184 | €82,550 | +€48,367 | +141.5% |
| Amounts payable | 17/49 | €508,218 | €367,134 | -€141,084 | -27.8% |
| Amounts payable within one year | 42/48 | €508,218 | €367,134 | -€141,084 | -27.8% |
| Trade debts | 44 | €489,513 | €214,732 | -€274,780 | -56.1% |
| Suppliers | 440/4 | €489,513 | €214,732 | -€274,780 | -56.1% |
| Taxes, remuneration and social security | 45 | €18,705 | €152,402 | +€133,697 | +714.8% |
| Taxes | 450/3 | €12,983 | €129,137 | +€116,155 | +894.7% |
| Remuneration and social security | 454/9 | €5,723 | €23,265 | +€17,542 | +306.5% |
| Remuneration, social security and pensions | 62 | €22,147 | €218,344 | +€196,197 | +885.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,627 | €15,505 | +€4,878 | +45.9% |
| Other operating charges | 640/8 | €2,604 | €8,572 | +€5,968 | +229.2% |
| Gross operating margin | 9900 | €89,633 | €299,217 | +€209,584 | +233.8% |
| Operating profit (loss) | 9901 | €54,255 | €56,796 | +€2,541 | +4.7% |
| Financial income | 75/76B | €1,274 | €6,455 | +€5,181 | +406.6% |
| Recurring financial income | 75 | €1,274 | €6,455 | +€5,181 | +406.6% |
| Financial charges | 65/66B | €593 | €1,849 | +€1,256 | +211.7% |
| Recurring financial charges | 65 | €593 | €1,849 | +€1,256 | +211.7% |
| Profit (loss) for the period before taxes | 9903 | €54,936 | €61,402 | +€6,466 | +11.8% |
| Income taxes | 67/77 | €8,617 | €13,036 | +€4,418 | +51.3% |
| Profit (loss) for the period | 9904 | €46,319 | €48,367 | +€2,048 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,319 | €48,367 | +€2,048 | +4.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.